Introduction to Bitcoin Terminology part I
Cryptography. A hash is a function which transforms any number or string into a fixed size output which is impossible to do in reverse without trying all possible inputs. As an example of a simple hash function, consider the square root: the square root of 17202 is easy to calculate - it's about 131.15639519291463, so a simple hash function might be the....
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The first two out of the four-course series on blockchain and Polkadot will start on October 20, the enrollment is open now. The Web3 Foundation and the global online learning platform edX launch a series of foundational courses in blockchain technology and the Polkadot platform. The four-part series, called Web3x, will cover the fundamentals of blockchain and explore the Substrate software development kit and the Rust programming language. At the time of publication, the Web3x webpage contains only the first two courses: ‘Introduction to blockchain and Web3” and “Introduction to....
The Network and the Blockchain. The Bitcoin network is the network of computers through which Bitcoin transactions are broadcasted and which maintains the public blockchain. Sometimes, the term is used to refer to just miners (see below). The blockchain is a public list of all transactions that have ever been sent, ensuring that everyone knows which bitcoins belong to whom. All fully fledged nodes on the network keep a copy of the blockchain. A block is an individual unit of a blockchain. Each block contains the hash of the previous block (so someone passing along the blockchain can't take....
A two-parts lecture on Introduction to Cryptography and the Bitcoin Protocol will be given at CERN, in Geneva (Switzerland), on December 2 (Part 1) and December 3 (Part 2), from 11am to noon on both days. CERN, one of the most prestigious research laboratories in the world, is also the birthplace of the World Wide Web and the modern Internet, which gives this event a special symbolic significance. The lectures are part of the CERN Academic Training Lectures program, open to all members of CERN personnel (in particular staff members and fellows, associates, students, users, project....
Want to learn to trade crypto? With Bitcoin price near $50,000 and the crypto market taking a short pause, there is no better time to pick up new skills or brush up on existing ones. For those that chose to HODL through the recent sell-off – well done, you’ve nearly made it – there is a much better way, however. Trading might not be cut out for everyone, but it you are new to Bitcoin and just want to learn more, or are considering getting into trading cryptocurrencies to maximize one’s time in the market, then the NewsBTC educational Trading Course is a must-read. Learn To....
WEF study says the ongoing efforts from blockchain organizations are not enough to set global blockchain standards. A study conducted by the World Economic Forum and Global Blockchain Business Council reveals the reasons why the blockchain industry still lacks well-defined standards on the global level.Dubbed the Global Standards Mapping Initiative, the study notes that the gaps, divergence and overlap in the standard-setting landscape of the blockchain industry are the biggest challenges the industry needs to surmount.Most organizations involved in setting standards for the industry have....